Key Corp Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Key Corp Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past three days, resulting in a total decline of 10.75%. Today, Key Corp Ltd's performance dropped by 4.98%, starkly contrasting with the Sensex, which gained 0.53%. Over the past week, the stock has lost 6.31%, while the Sensex has risen by 1.77%.
In terms of longer-term performance, Key Corp Ltd has seen a substantial decline of 40.49% over the last three months, compared to a slight decrease of 1.27% in the Sensex. Year-to-date, the stock is down 39.29%, while the Sensex has only dipped by 0.56%. Despite a remarkable 113.03% increase over the past year, the recent trend indicates a troubling shift.

The stock opened today with a gain of 2.51% but quickly fell to an intraday low of Rs 187.15, after reaching a high of Rs 204.4. Key Corp is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The underperformance relative to the sector by 5.78% further underscores the challenges facing the company.